Word: lvy
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Best general references: Nation, LIV, 44 (Jan. 21, 1892); LXII, 47 (Jan. 16, 1896); LVI, 190-91 (March...
...than 86 per cent. of our own carrying trade done by foreign ships: Statistical abstract of the U. S., 1894, p. 282.- (b) No colonies to protect-(c) We make no attempts at territorial aggrandizement likely to result in war.- (d) Invasion by foreign enemy is practically impossible: Nation LVI, 190-91.- (e) General reasons for existence of large European navies do not apply to us: Nation LXII, 47.- (1) We have no colonial interests conflicting with those of other American or European nations.- (2) There is no balance of power to be maintained in America as in Europe...
...Cost of maintenance would be large.- (c) Existence of a large navy magnifies the chances of war.- (1) Country has to be more sensitive to so-called "insults against national honor": Nation LXII, 47.- (x) Efficiency of armaments depends on belief that war is imminent: Nation LIV, 44; LVI, 360. (2) Increase of foreign complications and growth of war spirit in the United States has been commensurate with recent growth of navy: Nation LVI. 44.- (x) Those in authority have unnecessarily seized opportunities of getting the nation into trouble.- (I) Barrundia affair-(II) Chilian affair.- (III) Hawilan affair-(IV) Venezuela...
Best general references: Political Science Quar., III. 576-595 (Dec., 1888); Engin. Mag., V. 725; A. R. Conkling, City Govt. in the U. S.; Nation, LVIII, 285 (Apr. 19, 1894); LVI, 449 (June 22, 1893); LX, 102 (Feb. 7, 1895); A. R. Foote, Municipal Ownership of Quasi-Public Works; John Stuart Mill, Political Economy, Book V, ch. 11, 1-6; Bastable, Public Finance, 184 ff; Bryce, American Commonwealth, II, 367-385 (on Philadelphia Gas Ring); A. C. Burrage, Municipal Lighting; Hadley, Railroad Transportation...
...currency is abnormal and dangerous: a. Over $60,000,000 added yearly to the circulation, when only 15 to 20 mil. are needed. Taussig, in Quar. Jour. Econ., Apr. 1890. p. 314, and Forum, Oct. 1890, p. 169. Report of the Sec'y of Treas. 1889, pp. LIV to LVI. b. We are drifting toward a single silver standard while gold is the standard of international trade. c. The whole country is taxed for the benefit of silver miners...
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